Eyewitness News
  • Eyewitness News
  • Search
  • Latest
  • Local
  • Politics
  • Opinion
  • Business
  • Lifestyle
  • Sport
  • Video
  • Podcasts
Go
@ grispb/123rf.com

Inflation

‘It’s economic suicide!’ Turkey cuts interest rate despite 80% inflation

By Paula Luckhoff

Turkish President Tayyip Erdogan holds the contrarian view that high interest rates cause inflation rather than serve to slow it.

  • © megaflopp/123rf.com

    Council wants med aid premium hikes capped, but this would limit benefits also

    The Money Show interviews Alexander Forbes' Paresh Prema and Profmed CEO Craig Comrie.

    8 days ago
  • The rand strengthened against the dollar as US inflation eased

    US inflation eases 'but you're still looking at successive rate hikes'

    The Money Show's Bruce Whitfield interviews Kevin Lings, Chief Economist at Stanlib Asset Management.

    9 days ago
  • © kunilanskap/123rf.com

    Staple foods vanish from tables as Zimbabweans battle hyperinflation

    Zimbabwe has the highest inflation rate in the world, according to Steve Hanke, a professor of Applied Economics at Johns Hopkins University, who believes it can only be remedied by the full adoption of the US dollar.

    9 days ago
  • US President Joe Biden pauses while listening to a question from a reporter about the situation in Afghanistan in the East Room of the White House on 26 August 2021 in Washington, DC. At least 12 American service members were killed on Thursday by suicide bomb attacks near the Hamid Karzai International Airport in Kabul, Afghanistan. Picture: Drew Angerer/AFP

    Experts see inflation reprieve in America

    Inflation data due to be released Wednesday is expected to show at least a partial cooling down of consumer prices and bring a breath of fresh air for US President Joe Biden just months before crucial midterm elections.

    9 days ago
  • FILE: McDonald's reported profits of $1.2 billion, down 46 percent from the year-ago period on a three percent drop in revenues to $5.7 billion. Picture: © TEA/123rf.com

    McDonald's tracking inflation impact as Russia exit hits profits

    The US restaurant chain scored higher comparable sales in most major markets except China, where Covid-19 restrictions hit sales.

    24 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

    SA Reserve Bank worried about wage hike spiral, say economists

    The effects of high inflation have been highlighted as the main reasons that the reserve bank has moved to hike the repo rate, and included in this are increased wage levels.

    28 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: GCIS.

    Sarb had little choice on repo rate hike, say economists

    The repo rate has been increased by 75 basis points to 5.5%, with the prime lending rate now at 9%.

    29 days ago
  • Screengrab of Sarb Governor Lesetja Kganyago announcing repo rate hike, 21/07/22 - SABC live feed on YouTube

    Inflation-busting rate hike: 'Full impact on economy will only be felt in 2023'

    Bruce Whitfield interviews economist Goolam Ballim (Standard Bank) after the Reserve Bank announced a repo rate increase.

    29 days ago
  • South African Reserve Bank (Sarb) Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    Kganyago: Increased inflation remains a risk to economy

    Reserve Bank Governor Lesetja Kganyago has announced that the repo rate has been increased by 75 basis points to 5.5%.

    29 days ago
  • South African Reserve Bank (Sarb) Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    As inflation climbs, there are fears Sarb may be forced to hike repo rate

    South Africa has been tracking global inflationary pressures and this country is not unique in seeing prices rise.

    30 days ago
  • © peshkov/123rf.com

    Greedflation: High-paid CEOs drive inflation in US says study. What about SA?

    The Money Show interviews Andrew Woodburn, MD of executive search consultancy Amrop Woodburn Mann.

    30 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: @SAReserveBank/Twitter

    Reserve Bank expected to increase repo rate in a bid to stem inflation

    Rising fuel prices have been taking their toll on inflation, with CPI at its highest level in 13 years.

    30 days ago
  • Image:  ©  rido/ 123rf.com

    Consumer price inflation hits 13-year high for June

    This is bad news for consumers who are struggling to make ends meet.

    30 days ago
  • Wallet squeezed by inflation (pixabay.com, 2018)

    'What it costs to fill up my tank is what pensioner gets as social grant'

    Personal finance expert Maya Fisher-French with her perspective on why inflation is hurting us more in SA - on The Money Show.

    36 days ago
  • @ jjvallee/123rf.com

    'US inflation surge raises spectre of recession, SA in for more rate hikes'

    Bruce Whitfield talks to Citibank Economist Gina Schoeman about how the US number affects emerging markets like South Africa.

    37 days ago
  • FILE: The country's economy saw a total collapse following the pandemic where inflation has sky rocketed with an estimated 70% increase in the coming month. Picture: lightwise/123rf.com

    The Sri Lankan protests explained

    Refilwe Moloto speaks to a journalist and economic research analyst in Sri Lanka, Shiran Illanperuma, about the protest action happening in Sri Lanka.

    39 days ago
  • Screengrab of penguin refusing fish at Hakone-en Aquarium posted by ANN News CH on YouTube

    [WATCH] Fussy penguins turn up their beaks at cheaper fish option

    As prices keep rising, an aquarium in Japan tried to cut costs by switching its penguins to a cheaper fish.

    41 days ago
  • @ deeaf/123rf.com

    Pork prices sizzle, sales improve as cost of lamb and beef soars

    The Money Show's Bruce Whitfield interviews Arnold Prinsloo, CEO of pork brand Eskort.

    44 days ago
  • «
  • 1
  • 2
  • 3
  • 4
  • 5
  • ...
  • 7
  • »

Trending on EWN

Lotto, lottery, powerball. Picture: National Lotteries Commission/Facebook.

  1. PowerBall results: Tuesday, 16 August 2022
  2. Body of a boy discovered in a bag in Old Crossroads
  3. Opposition parties being opportunistic over Ramaphosa burglary matter - Majodina
  4. A man for the people: Tokollo Tshabalala’s family pay their last respects
  5. WATCH LIVE: Funeral service for kwaito star Tokollo 'Magesh' Tshabalala
Tweets by @ewnreporter

On Air


Latest bulletin

Latest traffic report

Contributors

  • Nhlanhla Mabaso
    Nhlanhla Mabaso
    Celebrations begin on the eve of Misuzulu's coronation
  • Veronica Mokhoali
    Veronica Mokhoali
    Tembisa Hospital corruption allegations - DA suspects cover-up
  • Ronald Masinda
    Ronald Masinda
    KZN is the country’s most deadly province, latest crime stats reveal
  • Lindsay  Dentlinger
    Lindsay Dentlinger
    KZN is the country’s most deadly province, latest crime stats reveal
  • Theto Mahlakoana
    Theto Mahlakoana
    Independent intervener to facilitate deadlocked public sector wage talks

Let the news come to you. Subscribe to our daily newsletter.

Eyewitness News
  • Local
  • World
  • Politics
  • Sport
  • Business
  • Lifestyle
  • Opinion
  • Features
  • Video
  • Audio
  • Infographics
  • EWN Apps
  • EWN popup
  • Breaking News Alerts
  • Traffic
  • Newsletter Signups
  • RSS Feeds
  • Contact
  • Find us on Facebook
  • Follow us on Twitter
  • Follow us on Instagram
  • Comments Policy
COPYRIGHT 2022 ALL RIGHTS RESERVED | Terms & Conditions | Privacy | PAIA

Choose an EWN Twitter account

Follow @ewnreporter

Follow @ewnupdates

Follow @ewnsport

Follow @ewntraffic

Choose an EWN app

iOS

Android